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Albert Cheung

@albertwycheung

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Deputy CEO and Head of Global Transition Analysis @BloombergNEF. Opinions my own.

London, England
Joined May 2012
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@albertwycheung
Albert Cheung
1 year
RT @dpcarrington: Climate experts were increasingly saying that keeping heating below 1.5C is near impossible, yet it remains the global goโ€ฆ.
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@albertwycheung
Albert Cheung
2 years
RT @BloombergNEF: An Energy Transition To-Do List For 2024:. ๐ŸŒฌ๏ธGet a grip on wind power & grids.๐Ÿ’ฅUnleash clean energy deployment in emerginโ€ฆ.
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@albertwycheung
Albert Cheung
2 years
RT @guillaumefouche: Remember: #Brazil will host G-20 in 2024.๐—œ๐—ป๐—ฑ๐—ถ๐—ฎโ€™๐˜€ ๐—š-๐Ÿฎ๐Ÿฌ ๐—ฃ๐—ฟ๐—ฒ๐˜€๐—ถ๐—ฑ๐—ฒ๐—ป๐—ฐ๐˜† ๐—œ๐˜€ ๐—ฎ๐—ป ๐—ข๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜† ๐˜๐—ผ ๐—Ÿ๐—ฒ๐—ฎ๐—ฑ ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—–๐—น๐—ถ๐—บ๐—ฎ๐˜๐—ฒ ๐—”๐—ฐ๐˜๐—ถ๐—ผ๐—ป.httpsโ€ฆ.
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@albertwycheung
Albert Cheung
2 years
RT @MathisWilliam: Investment is drying up for giant wind farms that are critical to prevent dangerous global warming as the cost of turbinโ€ฆ.
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@albertwycheung
Albert Cheung
2 years
RT @colinmckerrache: Internal combustion vehicle sales peaked in 2017. They are down nearly 20% from that peak, and have no real route backโ€ฆ.
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@albertwycheung
Albert Cheung
2 years
RT @kobadb: The global agriculture system is on the verge of a new green revolution. Today @BloombergNEF launches a new research stream onโ€ฆ.
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@albertwycheung
Albert Cheung
3 years
Gabe Klein of the Joint Office of Energy and Transport points out that DC fast charger uptime is maybe only 70%, which is not acceptable! Reliability and resiliency are the most important issues to work on.
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@albertwycheung
Albert Cheung
3 years
Neha Palmer of Terawatt Infrastructure and Patrick Bydume of Blackrock agree that planning, permitting, zoning and approvals are going to be the hardest challenges for the next phase of charging infra deployment.
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@albertwycheung
Albert Cheung
3 years
Liane Randolph thinks hitting EV adoption targets is very doable, but that California's goal of reducing vehicle miles travelled by 15% by 2050 will be hard, requiring investments in transit, bringing housing and jobs closer together, and investment into active mobility.
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@albertwycheung
Albert Cheung
3 years
Chelsea Sexton said that there needs to be a real focus on dealerships and customer awareness, now that model availability is going up. The customer experience is going to need a lot of attention, as will charging reliability. .
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@albertwycheung
Albert Cheung
3 years
Mary Nicholls said the next big challenge is actually getting IRA money deployed - getting the applications done, getting implementation started - and that communities will need focused support with this.
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@albertwycheung
Albert Cheung
3 years
Some interesting takeaways on the next phase of EV adoption from day one of the BNEF Summit in San Francisco:.
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@albertwycheung
Albert Cheung
3 years
The EU's response to the IRA will allow member states to introduce tax credits, get rid of open tenders for less mature technologies, and loosen rules for subsidizing green technologies.
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euractiv.com
A draft communication, seen by EURACTIV, laid out the measures the European Commission is due to propose on Wednesday (1 February) inย reaction to the US Inflation Reduction Act (IRA).
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@albertwycheung
Albert Cheung
3 years
RT @barnettenergy: ๐ŸšจYou know what's cool? A Trillion Dollars!๐Ÿšจ. Excellent new analysis by my friends & colleagues @BloombergNEF: https://t.โ€ฆ.
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@albertwycheung
Albert Cheung
3 years
Too many individuals @BloombergNEF to thank - this report is such a huge team effort. Shout-out to some of the folks I know are here on Twitter: @meredith_annex @CoreyBCantor @jp_attwood @MarkDaly74 @YayoiSekine @tenglermartin and too many more amazing colleagues!.
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@albertwycheung
Albert Cheung
3 years
We're still far from the investment levels needed to get to net zero, but energy transition investment has doubled since pre-pandemic times, and there's no reason it can't double again in the next few years - and again, and again!.
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@albertwycheung
Albert Cheung
3 years
Climate-tech companies raised $119 billion in new equity last year. This was a down year due to the turmoil in public markets, but the VC/PE portion of this was surprisingly up 3%.
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@albertwycheung
Albert Cheung
3 years
In addition, $79 bilion was invested in clean energy manufacturing facilities last year - a new high. The battery value chain dominates this total, but PV, wind and hydrogen manufacturing plants also contributed.
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